Hut 8 Mining p(HUT)

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Hut 8 Mining p(HUT) - 2021 Q3 - Earnings Call Presentation
2021-11-11 18:01
HUT 8 Company Overview November 2021 | --- ...
Hut 8 Mining p(HUT) - 2021 Q2 - Earnings Call Transcript
2021-08-12 18:44
Hut 8 Mining Corp. (NASDAQ:HUT) Q2 2021 Earnings Conference Call August 12, 2021 10:00 AM ET Company Participants Jaime Leverton – Chief Executive Officer Shane Downey – Chief Financial Officer Conference Call Participants Kevin Dede – H.C. Wainwright Operator Welcome to the Q1 Earnings Release Conference Call. My name is John. I'll be your operator for todayÂ's call. At this time, all participants are in a listen-only mode. Later, we will conduct a question-and-answer session. [Operator Instructions] Now I ...
Hut 8 Mining p(HUT) - 2021 Q2 - Earnings Call Presentation
2021-08-12 15:13
HTT Company Overview August 11th 2021 Disclaimer This management presentation is intended to provide an overview of the business of Hut 8 Mining Corp. ("Hut 8" or the "Company"). This presentation does not constitute or form part of and should not be construed as, an offer to sell or issue or the solicitation of an offer to buy or subscribe for securities of the Company or any of its subsidiaries in any jurisdiction or an inducement to enter into investment activity. No part of this presentation, nor the fa ...
Hut 8 Mining p(HUT) - 2021 Q2 - Quarterly Report
2021-06-30 17:43
Hut 8 Mining Corporate Update [Hashrate Capacity Expansion](index=1&type=section&id=Hashrate%20Capacity%20Expansion) Hut 8 acquired MicroBT miners for $44.373 million, projected to boost total hashrate capacity to **2.5 E/H** by late 2021 for a new **100 MW** facility MicroBT Miner Purchase Agreement Details | Metric | Value | | :--- | :--- | | **Seller** | SuperAcme Technology (Hong Kong) Limited | | **Purchase Price** | $44.373 million USD | | **Equipment** | MicroBT M30S, M30S+ and M31S miners | | **Cost per Terahash** | ~$44/Terahash | | **Expected Delivery** | Starting October 2021 | | **Full Deployment** | Anticipated by December 2021 | - The total anticipated production capacity increase from this and another recent purchase is **1.081 E/H**, which will bring Hut 8's total installed capacity to approximately **2.5 E/H**[3](index=3&type=chunk) - This new fleet of miners is expected to be the first to operate in the company's planned **100 MW facility**, which is being developed in partnership with Validus Power[3](index=3&type=chunk) [Impact on Production and Future Outlook](index=1&type=section&id=Impact%20on%20Production%20and%20Future%20Outlook) Expansion to **2.5 E/H** and **1,600 Gigahash** from NVIDIA CMPs is projected to more than double daily Bitcoin production to **14–16 Bitcoin** Projected Daily Bitcoin Production Increase (Pre-Difficulty Adjustment) | Metric | Current Production | Projected Production (Post-Expansion) | | :--- | :--- | :--- | | **Average Bitcoin per Day** | 6.5 – 7.5 | 14 – 16 | - The CEO, Jaime Leverton, stated the purchase is a unique opportunity to almost double the company's hashrate before the end of the year[4](index=4&type=chunk) - The **2.5 E/H** capacity is in addition to the **1,600 Gigahash** anticipated from NVIDIA cryptocurrency mining processors (CMPs)[5](index=5&type=chunk) [Bitcoin Network Difficulty Update](index=2&type=section&id=Bitcoin%20Network%20Difficulty%20Update) Anticipated **24-26%** Bitcoin network difficulty reduction by **July 2, 2021**, combined with hashrate expansion, is projected to increase daily self-mined Bitcoin to **20–22** - A sharp reduction in network difficulty, estimated between **24% and 26%**, is expected on **July 2, 2021**[6](index=6&type=chunk) Estimated Daily Bitcoin Production Scenarios | Scenario | Average Bitcoin per Day | | :--- | :--- | | **Current Production** | 6.5 – 7.5 | | **Post-Difficulty Reduction Only** | 8.5 – 9.5 | | **Post-Expansion & Difficulty Reduction** | 20 – 22 | [About Hut 8](index=2&type=section&id=About%20Hut%208) Hut 8 is a leading North American digital asset miner, holding significant self-mined Bitcoin and pursuing diversified strategies including mining, hosting, and yield programs - Key company attributes include: - One of **North America's largest digital asset miners**, located in Alberta, Canada - Holds **more self-mined Bitcoin** than any crypto miner or publicly traded company globally - **First publicly traded miner on the TSX** and **first Canadian miner on The Nasdaq Global Select Market**[7](index=7&type=chunk) - The company has a **multi-pronged business strategy**: profitable **digital asset mining**, white-label **high-performance compute hosting**, and **yield & income programs** using its Bitcoin reserves[7](index=7&type=chunk) [Cautionary Note Regarding Forward-Looking Information](index=2&type=section&id=Cautionary%20Note%20Regarding%20Forward-Looking%20Information) This press release contains forward-looking statements on future performance, subject to risks and uncertainties, with no obligation to update unless legally required - The press release includes **forward-looking information** concerning future business strategy, expansion, and operational plans[8](index=8&type=chunk) - These statements are subject to **risks and uncertainties** that could cause actual results to differ materially[9](index=9&type=chunk)
Hut 8 Mining p(HUT) - 2021 Q1 - Earnings Call Transcript
2021-05-13 19:43
Hut 8 Mining Corp. (HUTMF) Q1 2021 Earnings Conference Call May 13, 2021 10:00 AM ET Company Participants Shane Downey - Chief Financial Officer Jaime Leverton - Chief Executive Officer Conference Call Participants Deepak Kaushal - Stifel Nicolaus Canada Inc. Operator Good morning, and welcome to the Q1 Earnings Call for Hut 8 Mining Corp. My name is Cheryl, and I'll be your operator for todayÂ's call. At this time, all participants are in a listen-only mode. Later, we will conduct a question-and-answer ses ...
Hut 8 Mining p(HUT) - 2020 Q4 - Earnings Call Transcript
2021-03-26 17:15
Hut 8 Mining Corp (HUTMF) Q4 2020 Earnings Conference Call March 25, 2021 10:00 AM ET Company Participants Jaime Leverton - CEO Jimmy Vaiopoulos - CFO Conference Call Participants Deepak Kaushal - Stifel Kevin Dede - H.C. Wainwright Operator Welcome to the Year-end Financial Results Conference Call. My name is John. I'll your operator for today's call. [Operator Instructions] Please note the conference is being recorded. And I will now turn the call over to Jaime Leverton. Jaime Leverton Good morning, every ...
Hut 8 Mining (HUTMF) Investor Presentation - Slideshow
2021-03-25 17:34
HIUST THE OLDEST & MOST INNOVATIVE BITCOIN MINER IN THE WESTERN HEMISPHERE Innovative Mining, High Performance Computing, & Cash Flow Businesses Built on the Blockchain. TSE Ticker: HUT.TO OTCQX: HUTMF March 2021 Disclaimer 2 This management presentation is intended to provide an overview of the business of Hut 8 Mining Corp. ("Hut 8" or the "Company"). This presentation does not constitute or form part of and should not be construed as, an offer to sell or issue or the solicitation of an offer to buy or su ...
Hut 8 Mining p(HUT) - 2020 Q2 - Earnings Call Transcript
2020-08-13 17:58
Hut 8 Mining Corp (HUTMF) Q2 2020 Results Conference Call August 13, 2020 10:00 AM ET Company Participants Jimmy Vaiopoulos - Interim CEO Conference Call Participants Operator Welcome to the Second Quarter 2020 Earnings Call. My name is Hilda, and I'll be your operator for today. At this time, all participants are in a listen-only mode and later we will conduct question-and-answer session. [Operator instructions] Please note that this conference is being recorded. I'll now turn the call over to Jimmy Vaiopo ...
Hut 8 Mining p(HUT) - 2020 Q1 - Earnings Call Transcript
2020-05-11 19:42
Hut 8 Mining Corp. (HUTMF) Q1 2020 Earnings Conference Call May 11, 2020 10:00 AM ET Company Participants Jimmy Vaiopoulos - Chief Financial Officer Conference Call Participants Deepak Kaushal - GMP Securities Matt Yamamoto - CoinDesk Operator Welcome to the Q1, 2020, Earnings Call. My name is Richard, and I'll be your operator for today's call. At this time, all participants are in a listen-only mode. Later we will conduct question-and- answer session. [Operator Instructions]. Please note that this confere ...
Hut 8 Mining p(HUT) - 2019 Q4 - Earnings Call Transcript
2020-04-06 19:48
Hut 8 Mining Corp. (HUTMF) Q4 2019 Results Earnings Conference Call April 6, 2020 10:00 AM ET Company Participants Andrew Kiguel - Chief Executive Officer Jimmy Vaiopoulos - Chief Financial Officer Conference Call Participants Deepak Kaushal - GMP Securities Matt Yamamoto - CoinDesk Operator Welcome to the Year-End 2019 Financial Results Earnings Call. My name is John, and I'll be your operator for today's call. At this time, all participants are in a listen-only mode. Please note the conference is being re ...